Wichita eagle., 1887-12-11

1.-THE Burton car works, capital SLOW
600. watch factory, $550Oeo. Gilbert pIow
works. Sspe.oO, Goidback Leather Co,
$3.50 and ten brickyarSis, $50. eH, are
some of the heaviest corporations, but
there are about sixteen more, involving z.
total capital or -, lE,UuV, ana the time GA
5000 employees"
Can YOU give me some suggestions as TO
what openings there are IN this lnes L
asked. There are excellent opportunities
To establish beef packing and canning. su-
gar making and vegetable and frtit pack
ing factories as the raw material Is here.
\ tobacco factory would do well, also cot
ton mills, willow and wooden ware, etc =
shortly after leaving Mr.. Smith, met
Mr. Sargent, OF Rouse i Sargent, firm
very influential in business circles, and nc
had word TO say with reference 10 the
growth of Wichita.
Before / forget il. - said he, let nre tell
yoa we have over thirty miles OF street car
tracks in addition to a motor line running
our into the suburbs.
What viii you say about the popula-
ton, said !.
population was about Sgst5; in ISIS, 1903;
in 1885,. over 81. Zoo. No city in the world
has had so sudden growth. Sixteen years
ago this spot WAS dreary prairie, csmped
around about by the Indians and trampled
over by the buifalos: two years ago bat .
5000 souls passing in and QUITO and fro
among its smoking factories, business
/ hoAses, beautiful homes and magnificent
residences and prettily shaded streets. Is
il not wonderful
| also find that there are ten colleges or
universities in Wichita; 2,50o,o00 has ne
Gently been given the city for educational
/ purposes.
In a conversation with Mr. Smithson. of
/ Smithson x Co, some idea WAS afforded
me Of the rapid rise in real estate and the
enormous profits made thereon. He re
marked that he had made a number of in
vestments for outside parties. One Of the
cases cited was young man in Chicago
who sent our Il few hundred dollars for in
veStment In ten months his investment
yielded a profit OF lOi per cent An
other instance illustrating the profits
made is that of young man who invested
$50 IN 4 lot in june 1856. and in December
sold it for 500 and over. Mr.. SmithsOn
stated that Il few days ago he figured up
with the young man the amount OF his
profit, and ascertained that they reached
5000. In 1856 the young man
! had to borrow a part Of the money 10
make his first investment. Money il
worth about eight and nine per cent. Mr..
I Smithsun WAS of the opinion that eight
per cent. can be easily secured On good
property.
Mr.. Thomas. of MeSsrs. Houck &;
Thomas, very kindly granted me few
moments interview in
TRANSPORTATION AND RAILROAD
MATTERS.
In reply 10 the query rs 10 whether the
transportation facilities were sufficient tn
serve the city at present he said: rs
/ Wichita i now we have every convenience
in the way of railroad facilities that could
be wished. As for the future the various
roads have under contemplation such cx-
tenSive Improvements ana extensions
that that period viii be amply
provided for Wichita is situa-
ated in the geographical center of the
most extensive railway system west of the
Mississippi river We have twenty -iive
/ trains daily 10 and from as many points.
| The roads entering here are the \, l. *
:. f., with lines to Kansas City, the Pacific
coast and extending directly 20 Galveston
at the Gulf of Mexico. The Chicago,
Kansas s. Nebraska tRock Islandl 10 Kan
sas City and st. Joseph, the st Louis x
san Francisco and the Missouri Pacific
railway to Kansas City. Omaha. ~ Louis
and points throughout the state over
which the Missouri Pacific sproa'fS itself
like fisherman 5 net The fact h., said
he, railroads are b,IildiuS 81 rapidly IN
this section OF the country that IL Is dii-
tCuIt TO keep track of them.